World Liberty Financial Recovers $22M in Compromised WLFI Tokens
World Liberty Financial (WLFI), the Trump-affiliated crypto project, has successfully recovered millions of dollars in WLFI tokens from wallets that were compromised before the platform’s official launch.
The team announced the emergency action on Nov. 19 and on-chain data confirmed the move. About $22.1 million worth of WLFI—roughly 166.7 million tokens—were burned from compromised wallets and reallocated to verified users.
How It Happened
Before the launch, some wallets were hacked through phishing attacks or leaked keys. These issues came from third-party security lapses, not WLFI’s contracts.
In September, WLFI froze the affected wallets, asked users to redo know-your-customer (KYC) checks, and collected new secure wallet addresses. After testing updated smart contract logic, the team executed a controlled transfer to recover tokens safely.
Verified users will get their WLFI in new wallets. Wallets of users who haven’t completed the verification process remain frozen until they contact the help center.
Background on Compromised Wallets
Most attacks came from phishing scams and exposed keys. Some were linked to Ethereum’s Pectra upgrade in September, which allowed attackers to plant malicious contracts that drained tokens. WLFI initially froze 272 wallets and warned users about fake support accounts and scams.
The number of affected users was small, but the team emphasized careful verification to ensure tokens aren’t sent to the wrong people.
Political and Development Context
The recovery comes amid political scrutiny. Senators Elizabeth Warren and Jack Reed recently asked federal agencies to investigate claims that WLFI tokens were sold to sanctioned entities. WLFI hasn’t commented on these claims.
The project is continuing work on its $1 stablecoin and upcoming integrations. With the recovery completed, WLFI says it is now ready to focus on development and move forward.
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